Fed holds, market shrugs: what the tape did after the statement
The Fed left rates unchanged and the statement barely moved. Stocks chopped for an hour, then drifted higher into the close while long bonds gave back the morning bid.
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Newsletters
Mentioning QQQ, newest first.
Apple breaks out of a three-month base
Apple closed above the top of the range it has been building since June, on the best volume in six weeks. The setup is clean; the question is whether the index cooperates.
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Options expiration Friday: pinned all day
A quarterly options expiration with the index pinned to a round number from the open to the close. Not a day to read much into, and I didn't.
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